People often wonder how big the consulting industry is. And there are many ways to answer this question. Just as there are many ways to look at the market.
On this week’s Smart consulting Sourcing podcast, Consulting Sourcing Expert Hélène Laffitte gives the keys to approach the complexity of the consulting market.
Key Takeaway: Consulting is a dynamic $250B market growing globally at 6% and expected to break $300B shortly. It presents an unusual distribution profile with a high number of large consulting firms and small consulting firms and a limited number of mid-sized companies linked to the intense M&A activity (U-shape).